NB Downs, LLC is a real estate fund based in Aliso Viejo. According to its most recent Form D, filed Jan 12, 2016, it has sold $1,237,578 of interests to 2 investors since its first sale in Dec 2015. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Patrick Nelson.
- Total raised
- $1,237,578Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Dec 18, 2015
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Patrick Nelson
- Latest Form D
- Jan 12, 2016
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about NB Downs, LLC
What is the minimum investment for NB Downs, LLC?
According to its latest Form D, filed Jan 12, 2016, the minimum investment NB Downs, LLC accepts from an outside investor is $100,000.
Who can invest in NB Downs, LLC?
NB Downs, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has NB Downs, LLC raised?
NB Downs, LLC reports $1,237,578 sold from 2 investors on its Form D filed Jan 12, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is NB Downs, LLC based?
NB Downs, LLC is based in Aliso Viejo.
When did NB Downs, LLC launch?
NB Downs, LLC reports its first sale in Dec 2015.